SYDNEY EXCHANGE

New Zealand Herald, Volume LXXII, Issue 22206, 5 September 1935, Page 7

SYDNEY EXCHANGE

HESITANT MARKET FIJI GOLD SHARES WEAKER (Received September 4, 8.5 p.m.) SYDNEY Sept. 4 On the Sydney Stock Exchange today the easing trend in the investment market was reflected in a considerable . number of falls of a moderate extent, covering a variety of issues. The tone i of the market was hesitant owing to the unsettled international situation. ' Fiji gold shares were marked down rather heavily. This morning's sales included: —Commonwealth bonds, 3i per cent, 1948, £9B 10s; 33 per cent, 1949, £9B ss; 4 per cent, 1941, £lO2 13s 9d; 1944, £lO3 3s 9d; 1955 and 1957, £10.'3 2s 6d; 1959, £lO4 7s 6d. Commercial Bank of Sydney, £lB 8s; Associated News, 21s IO.Jd; British Tobacco, 40s 6d; Broken Hill Proprietary, GBs; Colonial Sugar, £43; Morris Hedstrom, 245; Wilcox Mofl'lin, lis 3d. Later sales included:—Bank of New South Wales. £33 2s Gd; Commercial Bank of Sydney, £lB 8s; Colonial Sugar, £43; Australian General Insurance, 17s 9d; Associated News, 21s 9d; Howard Smith, 18s 6d; Huddart-Par-ker, 4ls; Burns Philp, South Seas, 275; Australian Gas, A shares, £7 17s 6d; British Tobacco, 40s 3d; Tooth's Brewery, 55s 9d; Toohey's Brewery, 28s 6d; Carlton Brewery, 51s 3d; Australian Iron and Steel, preference, 25s 9d; Australian Glass, 84s; Dunlop-Per-driau, 14s lid; "Winchcombe Carson, 30s 6d; Electrolytic Zinc, 29s 6d; J. Stedman, 19§ 3d; Hume Pipe, 14s 6d; Gordon and Gotch, 455; United Provisions, 9s 7d; Anthony Hordern, 19s fid; Standard Cement, 20s 6d; Mount Morgan, 38s 6d; Mount Lyell, 19s 6d; Broken Hill Proprietary, 68s; South i Broken Hill, 98s 6d; Norths, £7 7s; | Placer Development, £5 ss; Mount j Kasi, 21s 6d; Now Occidental Gold, 13s l Gd; Gold Mines of Papua, 14s 3d; j Tavua Development, lis lid; Mineral Development, 7s Gd; Totola> lis. Melbourne sales included: —Commercial Bank of Australia, 17s 2d; E. S. and A. Bank, £5 10s; National Bank ('£lo paid), £l4; Goldsbrough-Mort, 345; Australian Glass, 84s 9d; New Morobe, £ls; Lake Kamu, £8; Loloma, 97s 6d; Enterprise, 97s Gd. FOREIGN EXCHANGES STEADINESS OF THE FRANC British Wireless RUGBY, Sept. 3 The following rates on foreign exchanges are current, compared with the cabled quotations on September 2 and par: — Sept. 8 Sept. 2 Par Montreal, dol. .. 4.98% 4.9!) 4.866 New York, dol. , 4.95"/ ie 4.95*y 1B 4.860 Paris, fr. .. 7575121.21 Brussels, belga . 29.19 29.52 35.00 Geneva, fr. . 15.21% 15.22% 25.22 Amsterdam, fl. . 7.32% 7.33 12.10 Milan, lire .. 60 3 /i 60*4 92.40 Berlin, r.m. . . 12.32 12.34 20.43 Stockholm, kr. . 19.39% 19.39% 18.159 Copenhagen, kr. . 23.39% 23.39% 18.159 Oslo. kr. . 19.90% 19.90% 18.159 Vienna, sch. . . 2G% 26% 34.585 Fragile, kr. .. H9 i: % 9 113% 164.25 Helsinsfors, mark 22(5% 226% 129.23 Madrid, pea. . . 36 5 /, a 36%, 25.221 Lisbon, escu. . . 110% 110% 110 Athens, dr. . . 519* 519* 375.00 Bucharest, lei. . 627* 627* 813.6 RiodeJaneiro.mil. 4%d* 4%d* 5.899 d Buenos Aires, dol 35d* 35d* 47.619 d Montevideo, dol. 39% d 39% d 51d Bombay, rupee . ]B%d 18% d 18d Shanghai, dol. . 17"/i(,d 17 a % a d Hongkong, dol. 23 3 % a d 23 5 % 2 a Yokohama, yen - 14%, d 14% 2 d 24.58 d Batavia, fl. . 7.31% 7.31% 12.10 Belgrade, din. .. 21 7 217 275.31 •Sellers.

NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday, on a New Zealand currency basis, subject to alteration without notice: — Selling: United Statfiß Canada T.T. .. .. 3.97% 3.99*^ On demand .. 8.97% 3.99% Buying: . On demnnd «. 4.02 Vi 4.0-l^ Following are the latest rates for purchases and sales of exchange quoted 'by the Bank of New South Wales, Auckland. They are subject to alteration without notice: — T.T. On demand To £1 N.Z Currency Selling Buying Selling U.S.A., dol. .. 3.97% 4.02 V, 3.97 V. Canada, dol. .. 3.99 4.04 3.99 France, fr. .. 59.69 61.29 69.74 Noumea, fr. .. 58.94 62.34 f? - ?? Papeete, fr . . 58.94 C 2.34 58.99 Belgium, belga . 23.3i?U Gei-many, r.m. .. 9.698 Italy, lire . . .. 48.19 Switzerland, fr. .. 12.045 12.520 Holland, fl. .. 5.770 6.070 5.774 Java fl . .. 5.762 6.037 5.766 Sweden, kr. . 15.459 15.829 15.469 Norway, kr. 15.867 16.237 15.8/7 Denmark, kr. .. 17.878 18.248 17.888 Austria, sch. _ .. 20.62 Czecho-Slovakia, cr. 95.82 •• » =«, >"?;« Shanghai, doL .. 23/ m zl 7 ; 33 ohv India, rupee .. 22 A a 22,3, nna»4 J Ceylon, rupee . . 22 / 33 22:/ 39 Hongkong, dol. .. 30 / 1# 29/ i 30/s Singapore, dol. .. 35/^ a 34/ 33 35/, 3 The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations, is as follows: — Present Price Par^ Australia, pound .. 19 10.81 20 0.00 London, pound . . 24 10.65 20 0.00 Fin pound •« • • 22 0.00 20 0.00 New York, dollar .. 6 0.26 4 1.81 PaTis re frinc . II OHi 01M Berlin, re?chmn rk .. 2 0.23 0 11.74 Copenhagen, krone .. 1 1-33 1 1 --- Yokohama, yen .. .. 1 5.G0 2 0.08 CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced dates of departure of vessels named are shown in the following table. They are subject to confirmation bv the Customs Department when the exact time of departure is learned on arrival of the vessel in New Zealand. Finally declared rates are marked*:— Anglo Canadian, America, dollars 4.95% 9 Narbada, India, rupee . . • • 18/ id Melbourne Mnru, Japan, yen . . 14/„d Canadian Planter, Canada, dollars 4.96 a Sheaf Holme, America, dollars .. 4.96/, Monterey. America, dollars . . .. 4.98/iy Australind, America, dollars . . 4.97 /l 9

PRICES OP METALS A FIRMER TENDENCY (Received September 4, 7.35 p.m.) LONDON. Sept. 3 Following are to-day's quotations on the London metal market, compared with those of September 2: — Sept. 3 Sept. 2 Per ton Per ton £sd £ s d Copper, stan., spot .. 33 3 li 33 0 7} Copper, stan.. 3 mos.' 33 10 /i 83 4 4i Copper, electrolytic .. 36 15 0 36 15 0 to to 37 5 0 37 5 0 Copper, elect., wire bars 37 6 0 37 fi 0 Lend, soft., spot .. 15 13 9 15 11 3 Lend. soft, forward .. 15 15 0 15 12 6 Spelter, spot .. .. 15 1 3 14 18 9 Spelter, forward .. 15 7 6 ® « Tin, stan., spot . . 220 17 6 220 10 0 Tin, stan., 3 mos. .. 210 7 6 210 5 0 DOMINION RUBBER CO. [by telegbaph—press association] DUNEDIN, "Wednesday The Dominion Rubber Company, Limited, has received advice from its estate in Malay States that the crop of rubber harvested for August was 37,0001b. For the corresponding month last year, the output was 40,0001b. WHOLESALE EGG PRICES Wholesale egg prices are unchanged as follows: —Hen, first grade, Is OJd a dozen; B grade, ll}d; C grade, 9id; duck, Hid, 10Jd. B*d.